The Oregon daily journal. (Portland, Or.) 1902-1972, November 08, 1908, Image 45

The Oregon daily journal., November 08, 1908, Page 45, Image 45

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Newspaper Page TextTHE OREGON SUNDAY JOURNAL. ' PORTLAND. SUNDAY ' MORNING. NOVEMBER 8, ' 1908. WfJLKLY K1LVIBW or BAD FRUIT TO BE HIDttlD ' ':yr.i ..... " -l rure Fruit Law to Be Strict- ly Enforced Will Save ; Growers Much Money. ' Jfure 'Truit Ltw. A law passed by the last Ore gon legislature to protect the' fruit and hop Industry: "Section 6. Every person who packs or prepares for shipment to any point without the state, or who delivers or causes to be delivered to any express agent, or other person, or to any trans portatlon company or corpora tion for shipment to any point without the state, any fruit or fruita, either fresh, cured, or dried, that is Infected with in sects, pests, or diseases injurious to trees, shrubs, plants, fruit, or vegetables. Is guilty of a misde meanor. "Section 7. Any person, firm, or corporation violating any of the provisions' of this act shall be deemed'"' guilty of a mtsder meanor, and upon conviction thereof shall be punished by a fine of not less than twenty-five ($25) dollars nor mofe than one hundred ($100) dollars." FALL WHEAT ACREAGE PROVES QUITE HEAVY Sowing Is on a More Extensive Scale Than a Year Ago Because of the Better Returns From Winter Planting Plants Are Already Showing. By Hyman K. Oofcen. Every means that can be legally, ap plied will he urnred at the disposal of the Multnomah county fruit inspector in order to rid the state of infected fctork and eventually save the fruit Industry from ruin. With that view In end Fruit Inspec tor Baum has add mi quite materially to the revenues of the Standard Oil com fiany of lnie for more infected stock a been condemned during the past few weeks than ever before. This In crease in Infected,, stock Is not due to anv decreise In WWtlment In favor of clean orchards but to the fact that the fruit inspector Is now doing his full duty. Hereafter the official will condemn snd confiscate all Infected and diseased fruit no matter where found; the per son buvlng such stock being the loser. According to Mr. Baum everyone has had plf nty of time to become acquainted with the law and while the provisions have not been fully enforced hereto fore because of the hardship It. would work ui.on nom producers, the law will be carefully followed hereafter and the inspector therefore notifies everyone to steer clear. While heretofore it has not been the custom of the fruit Inspec tor to cause the arrest of anyone found delinquent, that course has been de cried upon for It has been found that whenever a violator of the law has been turned loose simply with a notice nef U do it again, no eure ha been effected. ' Infected and diseaeeased fruita are causing the loss of many Hundreds of dollars annually to the fruit growers of this countv alone and the aggregate losses suffered by Oregon state growers by reason of infection will run way up among the thousands. GRAIN mTrKETS ARE QUIET BUT FIRMER THAN A WEEK AGO PORTLAND GRAIN RECEIPTS. . The recelp'ts'of grain at Portland for the past week .as compared with previ ous weeks, as reported by the board of trade, how In csra: ., Barley. Flour. Hay. Oats. Wheat Nov . j7 7 2 "9 20 268 OCt - SI 40 81 34 25 85 Oct. 24 .... 4 1 7 36 411 Oct. 17 41 14 -70 51 418 Oct. 10 59 18 79 22 178 Ott. $ 35 22 40 45 478 Sept. 28. .. .72 9 69 60 749 This; has been a very quiet week in the local grain markets. While the tone was strong- in wheat,- there wag practi cally nothing doing In the entire Paclflo northwest. Prices are showing ft frac tional advance over a week ago because of the sharply advanced figures alse where. However, this market baa not followed the advance abroad .to any ex tent. There is a revival of Interest in the local oats market and some buying of cash stuff was reported auring me week at a slight advance over previous week's figures. There was not a single rhan In futures on the board of trade during the period. The barley market is higher In the south, but no change la noted here. Most supplies are out of the hands of producers, and holders' views have been somewhat above what the south hag been willing to pay for some time. There is no Improvement to note In the flour situation, export demand being nominal. Board of trade prices: CLUB .WHEAT. Nov. Dec. Monday 0 B 80 B Tuesday (holiday) Wednesday 90 HB 90TB Thursday 90 KB 91 B Friday 92 A 92A Saturday 90B 91 B NO. 1 WHITE OATSx Nov. Dec, Monday 1.60 B 1.62 WQ Tuesday (holiday) Wednesday ;..1.60 B 1.62B Thursday 1-60 B 1.62 B Friday . 165 B 1.67HA Saturday 1.50 B 1.62HB NO. 1 FEED BARLET, Nov. Dec. Monday ISO B 1.82ftB Tuesday (holiday) Wednesday 1.30 B 1.82 HB Thursday 1.30 B 1.82 B Friday 135 B 1.S2HA Saturday ...1.80 B l.J2B HEAVY INCREASE IN SUPPLY OF CREAM SHOWN IN PORTLAND By Hyman, K. Cohen. More fall wheat seeding has been completed In Oregon Idaho and Wash ington during the past week than in any similar period in tne ntstory or me in dustry. Conditions never looked more prosper ous for the wheat crop of the three states than at this time, while a few weeks ago It was feared that the fall planting of wheat would be smaller than usual because of the unusually dry weather during the months of Sep tember and the fore part of October. In a few sections the wheat growers became fearful lest tho dry season be continued for a much longer period and they therefore sowed their wheat under difficulties before the heavy rains set in and made the work easier. Some of this wheat is now coming up and reports indicate that it la showing unusually good growth. .The rlante are healthy and they seem to be nicker than usuat Especially In the Walla Walla, Umatilla and Klickitat counties, the plants are looking well but In no section is a bad showing noted. The sections which scarcely produced enough wheat for home consumption the past season are showing among the best ones thus far for the 1908-9 sea son. It is expected that the 1908-9 wheat crop In the Pacific northwest will show fully 75 per cent fall or winter sowing. It has been found that for several years the spring wheat sowing has not produced nearly as well as the fall-1 winter sowing because the late planting is generally hurt by the dry weather If f u'um appears, wniie tnere is scarce ly ever any damage shown fron too much rainfall. In the Condon section this year moat of the wheat was of spring planting and the result was that the plants scarcely started to grow before there was a anoriage of moisture and atunted growth was generally the result From iaie reports from that section, however. it is stated that a much larger per centage of fall-winter ..jrheat will be i. , , , ... WALLA WALLA BOWING AVheat Acreage Is Folly That of lear Ago- 60 Per Cent Completed. Walla Walla, Wash., Nov. TThe bright sunshiny weather prevailing for the past two weeka has riven the far mers of the Walla Walla valley ra diance to get In their fall grain crops and this class of farm work is being rushed to completion as fast as possi ble. About CO per cent ot the acreage to be sown to fall wheat has already been seeded down, and all the workv.ln this valley will be completed within an other 10 days. The ground Is In prin-re condition for work, the late raina hav ing soaked down from 12 inches to 3 feet. Hundreds of teams are at work on Eureka Flat and the name is true of the foothill district The fall acre age will be fultj as large aa last year. scarcely entered the market during the six days. This caused prices to drop as low as 11c. Cheese market Is firmer but prices are unchanged. The receipts of produce at Portland for the past week compared with pre vious weeks as compiled by the Port land board of trade shows: Cream. Butter. Eggs. Chicks. gals. poxes, cases, coops. Nov Oct. Oct. Oct. Oct. Oct 7. 31. 24. 17. 10. 3. Sept. 26.. Kept. 19. . Sept. 12. . Sept,' 6.. .47.625 . .21.162 . .28.946 . .26.276 , .26.787 . .25.199 ,.26.892 .26.685 .27.637 . .22.794 1,574 824 687 796 797 1,191 617 640 637 423 2,035 4,972 2,591 1.459 1.469 1.998 817 1.347 1.7 401 964 496 639 463 353 480 604 679 434 414 423 POOR ArPLES COME TOO FREELY TO BE AN AID TO PRICE There Is a sharp advance in local hay values owing to the smaller offer ings here and the expectation of a heavy demand from I ho south. - Dressed veal market Is firm but dressed hogs are easy. California grapes ere higher with praotlcallv no offerings of borne sup plies except Concords. Latter are a glut on the market. Cabbage market la lower owing to. larger offerings. urowers are noiaing oom potatoes and onions and both markets are dur. Armle market shows heavy arrivals of poor quality especially from upper Columbia points. Good quality finds a sale t favorable prices but ordinary stock Is dragging. Peaches are cleaning, up and with the smaller supplies there is a slight im nrovement in the crlce. Front street sells at the following prices. Those paid shippers sre less regular commission: Butter, Eggs and Poultry, BUTTER Extra creamery 34c If butter prices follow the trend Of conditions there will be a decline in creamery prices during the coming week. The arrivals of cream at Port land during the week according to the board of trade, were over double what they were a week ago. Then again the arrivals of country-make of butter "was about double of eastern butter, too, is arriving quite freely. To some extent, however, the market's future depends upon values in the east. , Local egg prices are down $e for the week and the prospects are for a further decline unless receipts fall off. While the total arrival of eggs In Port land the past week shows a decrease from a week ago, there wa an actual Increase in the supplies of home pro duction, r Tp. decrease .was in eastern arrivals. . , - -- ' While aupplies of chickens were mailer than a week ago, the big. dealers .badv lenty of . stock and therefore finrv 32 Uc. store. 20c. BUTTRR FAT Delivery f. o. b. Port land Sweet -cream, 82 He; sour, 81c rmr lh. POULTRY Mixed chickens, 11c; hens. llc; .roosters, old. SOTlwc; fryers, lle; broilers, 11 He; geese, spring, 8$ 9c; turkeys, alive, 16 17 He; spring ducks, 14c lb; pigeons, squabs, $2.O02.60 per dox; old. $1.00; dressed nnultrv. lffll'Ac lb hlarher. CHEESE Full cream, flats, triplets and daisies, 14 H 16c; Young Amer icas, I6jlc. HGOe Local, best 787o per doi; eastern, 2527Hc; local storage, zao. Mops, Wool and Hides. HOPS 1908 crOR. choice, 8c; prime to choice, . 7 Hc8c; prime. 77e; medium, sue lb. WOOL 1908 Willamette valley, 15c. SHEEPSKINS Shearing, 10016c each; short wool, 2 6c 4? 40c; medium wool, 60cti$1.00 each; long wool, 76c 81.25 each. MOHAIR 1908 Nominal, 1819c. TALLOW Prime, per lb, S4c; No. 2 and grease, 2fi2Hc. CHITTAM BARK Old. Be; new, 6c lb. HIDES Dry hides. 1314c lh- green, 6S7o lb: bulls, green salt, 4 5c lb; kips, 67c; calves, reen. 8 10c per lb. Qraln, Tlour and Kay.f WHEAT Buying price new Track, Portland Club. 89c; bluestem, 94c; fortyfold. 9191o; red, 87c; Willamette valley, 90c. MILL8TUFF8 Belling price Bran, 826.60: middlings, $35.00; shorts, 130.00; chop, ai.O029.00; alfalfa meat. $1800 per ton. BARLEY Feed, $26.00 26.B0; rolled, $28.60; brewing. $27.00. FLOUR Selling prloe Eastern Ore gon patent, $4.80; straight, $8. 9004.65; export, $3. 4008.50; valley, $4.65; gra ham. s. $4.40; whole wheat $4.65; rye, 6s, $6.60; bales. $3.00. OATS Producers' price Track, No. 1 white. $30030.60; gray, $2929.50. HAY Producers' price New tim othy. Willamette valley, fancy, $14.00 016 00; ordinary, $12.60(313: east ern Oregon, $16.60; mixed $11. 0612.00; clover, $10.00; grain, $11.00; cheat, $11.00; $11.00; alfalfa, $10.00011.00. rrnits and Vegetables, FRESH FRUITS Oranges, old $4.00 4.60; new navels, $5.00; bananas, 6c lb; lemons, $4.606.25 box; grapefruit, $4.004.60; pineapples, Hawaiian, $4.26 dox; cantaloupes, $1.35; peaches, 60 80c; pears, bartlett, $1.75: grapes, 7 bo 6 $1.26; bskts, 10Ol2Hc; huckleberries, Has, 10llo lb; cranberries, $9.60 10.60 bbl. POTATOES New. selling, $1,00 0 1.26; buying for shipment per cwt., fancy, 90cO$1.00; ordinary, 70085c; sweet $1.76 1.90. ONIONS New Oregon. $1.101.J5 per 100; garlic, 7H8c lb. APPLES Extra, select. $2.50(fS.OO; fancy. $2.002.26;' choice, - $1.00.01.25; ordinary. $1.00 ; poor, 50a 75c per box. VEGETABLES Turnips, new Oregon, 76c$l; beets. $11.26; carrots. 60 76c sack; parsnips, 85c31.00; cabbage, 11.76; tomatoes, 85o per box; California. II nee crate: brans. 10c: cauliflower, 76e$1.25: peas, 10c: horse radish, 9' 10c; artichokes, ( ) dox; freen onions, 15c per dox; peppers, bell, c; Chile ( ); head lettuce. 630o doz; hothouse, 75c!ff$l box; radishes, 15c dozen bunches; celery, 76c; eggplant 6c. Groceries, STata, ste. SUGAR Cube. I8.66J powdered, $.oft; fruit Mr berry, $6.15; dry granulated, $6.26; con'. A., 18.26; extra B, $5.75; Golden Q, $5.66: D, yellow, $5.65: beet, granulated, $6.05; barrels, 15c; half bar rels, 80c; boxes, 6oo-advance on sack basis. - Above prices are SO days net cash Quotations.) .. .. t i SALT Coarse Half ground. 108s, $11.00 per ton; 60s, $11. SO; table, dairy, 60s, $16 50; 10s, $16.00; bales, 18.81; Imported Liverpool, 60s $20.00; 100s, $19.00; 40s, $18.00; extra fine, barrels, 2s, 6s and lOs, $4.60 5.60; Liverpool lump rock, $10.50 per ton. RICE Imperial Japan No. i, tcr No. 2. h6c; New Orleans, head. 7 c; aJ"xj Ir-): Creole. Hie. HONEY New. 16e per lb. rOFFEE-rPackage brands. $18.80. BEANS Small white. $6.26: Jarre white, $4.80; pink. $3.86; bayou.""! J.B0; I.lmas $5.76; Mexican reds, $4.60. Meats, risb. ana Provisions. HAMS, BACON, ETC- Portland pack (local) hams, 10 to 13 lbs, ItHo per lb; breakfast bacon, 1522o lb; picnics, 10o lb; cot tag, roll lio, lb; regular short clears, smoked, 18e lb; backs, heavy smoked. 12c lb; light, smoked, 14c lb; bellies, smoked, 16c lb; pickled tongues, 60c each. DRESSED MEATS Front street Hoks. fancy, 7c; ordinary. Ho' large, 6c; veal, extra. 8o It; ordi nary. 7rd7Ho lb; heavy, RiSclh; mut- VA'o lbnCT' 7 lb' "prln ,ftn' 7 LOCAL LARD Kettle leaf, 10s. 14o per lb; 6s, 14 Ho per lb; 50 lb tins, l8 Hc per lb; steam rendered. 10s, lie per lb; Rs. 13 He per lb; compound. 10s, 8V c per lh. FISH Rock cod. iOo lb; flounders, 6c per lb; halibut 7e per lh; striped! bass. 15c per lb; catfish, 10c per lb salmon, chlnook. 7e: sllernlde. cv rings. 6c per lb; soles, 7c per lb; shrimp, 12Hc per lb; perch. 6c per lb: tomcod. 10c per lb; lobsters. 25c per lb; fresh mackerel, ) per lb; crawfish, J0 per dozen; sturgeon ) per lb; black bass. 20c per lb; silver smelts, 6o per lb; black cod, 7 He per lb; crabs, $1.23 1.76 per dozen? OYSTERS Shoal water Bay, per gal lon, $2.60; per-100-lb sack, $5.00; Olyin Pi"s per fHo". $2.40; per 100-lb sack. $6. 0046.50: Eagle canned. 0o can it ha doxen; eastern In shell, $1.75 per 'l 00 CLAMS Hardshell, per box, $2 40 razor clams, $2.00 per box; 10c per doz! Faints, Ooat Oil, Etc ROPE Manila, 10c; sisal. 7He IB' LINSEED OIL Raw, fcbla.. 62c; caee wuv, yt.'.c.u. uuio., ttiu, nDfB, uuc a gai ; lots of 250 gallons, lo less; oil caae mem, iof ion. BENZINE 86 deg.. cases. 10 gal; Iron bbls.; HHc per gal. iLnroniinn, in cases. osHe per gal. WHITE LEAD Ton lots, 7 Ho per io; ouu-io iois, c per id; less lots, 8Ho WIRE NAILS Present balls, $2.85. a buyingIlurry in S. F. STOCK BIURET Fnltd Prna T.m1 VIm San Francisco, Nov. 7. A small flurry nit the stock and bond exchange this ,n. ,iu. UK ana wnen tne trading bad ended, nearly every stock showed an advance of several points. The volume or iraue was the largest handled on oaiuroay i0r months. Associated oil advanced to 88; Ha wanan commercial was utrnmr at iaix and 97. Pacific TeleDhona nreferr.S Old at 31. The bond marVat wnx cqumiy acuve. tspruig valley 4s sold at at ana L'nued Railroads sold at ivey route soidfat $1.05. BOSTON COPPER MARKET (Furnished by Overbeok Sc Cooke Co.) iuoiuu, iiui. i. rniciai Dia prices There Are Thirteen Known Enemies to Stored Grain ((Vote The'bther'rwo refuted to poiT) i-iof:e careful f c Top Hogs, Must Be Keal Ar ticle to Bring $6.25 in Yards Just Now. Week of Nov. 7 Oct 81 ; Oct. 24 Oct. 17 Oct. Oct. Hogs. 1,776 1.693 2.593 2,928 10 1,597 3 1,814 Cattle. 930 1,188 1.698 1,730 919 1,351 Sheep. 921 2.801 1.128 1.135 930 1,480 From Chicago 'tribune. A NEW HIGH RECORD BY SOUTHERN PACIFIC ffarriman Issue and Steel Shares Touch the High Mar . of History Rumor of Retirement of Calumet & ' Hecla From the Market Helps Copper. STOCK MARKET OA IK. Amat. H Locomotive .. . 2 Smelter ...... 1H Brooklyn ..... l Can. Pac St. 'Paul . Gt. Nor. .. L. A N li Sugar 111. Cen H H 13 R. I., pfd. .... Mo, Pac ...... Nora Pae. ..... Reading So. Pac Union Pac. . . It. S. Steel.... Erie Penn U. 8. Steel, pfd. per Amalgamated 87 Adventure ... 9 Allouex 41 U Arcadlah .... 4i Bost. Cons.... 16 Butte Coala.. 28 H Black ML.... 8H Centennial ... 86 Cop. Range... Si C. Ely 9 Daly West... 9H Greene 12 H Oiroux 4 Mass. ....... $H Michigan .... 16H Mohawk .... 72 Miami 13 Vi Nev. Cons.... 19H Nlppisslng xn. Butta E. Butte Old Dom. Osceola . Parrot . . Qulnoy . shannon Tamarack Trinity . united . . Utah Mining.' 42 H Utah jv. Victoria su Wolverine ...151 Yukon 4H u. s. uu 29 10 H . ?H iiH 2H . 98 18 . 87 20H 16 8AN FRANCISCO GRAIX BIARKET San Francisco. Nov. 7. Merchants ex change quotations; casn wheat walla walla white, 81.63; red Russian, $1.60; turkey d, 11.73: bluestem, 81.714. Future wheat May. 81.70 bid. 31.71 aaked; December, $1.65 asked. Cash barlev Brlsrht 31.43V bid! brewing, $1.36H. f uture Dariey way, i 46i bid; $1.60 asked; December, $1.45 bid; $1.47 asked. MUlstuffs Bran, $30; middlings. $34; shorts, $33.50. Oats White. $168H per cental. By Tbomaa O. sbotwelL (Hearat News by Longest Leaned Wire.) New York. Nov. 7. In the midst of the greatest excitement that Wall street hA vnerlenced for 10 Tears, stocks ad vanced today to new high records In nearlv everv active Issue. The steel shares and Southern raclflc sold at the highest figures they ever have touched. Their advance created limitless enthus iasm. These stocks and Amalgamated Copper were tho leaders. Announcement that the Calumet A Hecla had retired from the market stirred all the Coppers to renewed ac tivity. New York Central astonished the street by advancing four points. Just at the close Krle made an im pressive swing upward. Northern Pa cific, which has been lacking since the declaration of the extra dividend, gained two points In the last rive minutes or trading. This dragged Oreat Northern higher. First class specialties were ac tive and strong. On the ciyb market the feature of trading was the new high record at seven for La Rose mining. Cumberland Ely closed higher. Gold stocks became aottve just at the close and after the official close business of the curb Daisy had an excited market en the Baa Fran cisco exehsnge. The bank statement was disregarded because there Is more money than any one can nosslblv use anyhow and in addition $500,000,000 more can be print ed if needed. The unfortunate feature of the situation is that the foundation of the bull market rests on the Ald rlch law which has Indirectly abolished the gold standard for money in the United States and substituted any standard that the secretary of the treas ury may be In the humor to permit bankers to establish. Of course, he would not permltihem to Issue cur rency aga permttihem to Issue cur Inst derWKits of Bay 8tat Gas, but be has legal authority to do so. There is no danger that he will per mit them to issue money against any worthless security, but the mere fact mat 8600,000.000 or currency can be Is sued if desired with no basis except the debts of corporations makes the big Interests eerfeotly free handed with What money there is In existence. There is no bottom to their purses and their confidence is Inspiring the public to pick .no the few dollars that are not already In the banks and put them In circulation. ket would act aa it often does when "good news" long awaited is finally out has In this instance been badly upset. An analysis ef the buying and selling In the furious whirl of the laat few days Is, of course, a matter of the utmost difficulty. If the truth were known, It would probably be found that the process known as "distribution'' has gone on very extensively during the ex cited rise since the middle of the week. But what the Wall street community has underrated Is the enormous Influ ence upon the market conditions of the flood of Investment capital loosed when the significance of Tuesday's voting was fully grasped. This Inrush of Investment capital has, without question, been the chief feat ure of the security dealings In the lat ter half of the week. It has been enor mous and irresistible and for the time being, at least, haa taken the market out of speculative hands. There will be more or less violent reactions on the stock exchange, and, indeed, it is dif ficult to understand how some such re vulsion can be much longer delaved. The business movement, too, for the next month or so, will doubtless have its disappointments. Those who have looked for an Instant restoration of the prosperous times of a year ago find that their calculations have been deceived. But it can be said with confidence that financially and industrially both the foundations are sound and strong and that we shall move ahead with no very serious or lasting Interruption. The one element of danger is that our busi ness community will attempt to hurry the pace, where all the conditions re quire that it should be slow. Range of New York prices furnished by Overbeck A Cooke Co.: DESCRIPTION. Amal. Copper Co. Am. Car & F. c. . do pM Am. Cot. Oil c. . STOCK ADVANCE A BIG SURPRISE TO WALL STREET MEX (United Preu Leased Win.) New York, Nov. 7. The course of events, even In the brief interval since Tuesday's election, seems to have an swered very effectually the question how rar tne wtshed-for outcome has been "discounted", on the stock axchanra. Expectations commonly entertained In speculative circles that a spasmodlo rise would greet the news of Republican victory; that stocks would then be brought out In great quantity by the larger speculative holders, and that a reaction swift and sharp would follow, have come very far from realization. in a wora. the theory that the mar- Cattle Strong in East. Chicago, Nov. 7. Run: . Hogs. Cattle. Sheen. Chicago ,,.,,,..17,000 800 S;000 Omaha 3.100 100 800 Hogs are steady. Left over yester day, 4,800; receipts year asro, 6,000; mixed, $5.406.80; heavy, $6.056.36; rough, $5.6665.96: light, $5.S56.lO. Cattle and sheep strong. Mverpool Wheat Market. Liverpool, Norw 7. Market at close.: Wheat December, 7s 10 Hd. s . Corn-December, 6s St - News Gossip of Finance New York. Nov. 7. Mexlcan dollars. 45c. London. Nov. 7. -Bar silver. 49c; -Bar silver, 22 15-ld. New York, Nov. bonds: Twos, registered do, coupon Threes, registered.. do, coupon Threes, small bonds Fours, registered... do, coupon Twoa. Panama .... ' do, coupon Foura, Philippine... New York..' Nov. lake, 14Htil4Hc; 14c; castings, 1SH9 Tin $2rf29.75, Lead 84.27H4.40. 7. Government Date. Bid. Asked. 1930 103H 104 1930 104 1908 100 101 if IUUV4 1U1 100 1925 122 122 1925 121 102 10$ 101 .... 110 ..... 7. Metal Copper electrolytic. 13c 1S 'Washington, Nov. 7. the treasury statement today shows:- Receipts, $1, 8j3.3 43: expenditures. $2,080,000. 1 - - Am. Loco., c Am. Sugar, c... Am. Smelt., c do pf,l An. Mining Co.. Am. v oolen. c Atchison, c do pfd Bal. & O., 0 do pfd Brooklyn R. T. . Can. Pac, c Cen. Leather., c do pfd ...... C & Gt. W. c. . C. M. & St. P.. C. & N. W'., c. Ches. & Ohio. . Col. F. & I., c. Col. South o... do 2d pfd. . . corn .rrouuets, o. do pfd Del. & Hud..... D. A R. O,. c... do pfd. Erie, c. Erie, 2d pfd.... Erie, 1st. pfd. . . . Qrt. North., pfd.. Illinois Cent Louis. A Nash. . . Manh. R'y Max.. Cent, R'y.. M. K. & T., c... do Dfd. Distiller Ore Londs Mo. Pac Nat Lead N. Y. Cen N. Y.. On. & W.. Nor. & W. c . . . . Nor. it W. p . . . . North Am N. Pac. c Pac M. S; Co... Penn. Ry P. O. L. & C Co. Pressed S. C., o. . Pressed 8. C. p.. Reading, com. . . Reading, aeo. p. . Reading first p. . Rep. I. & 8., o.. Itep. 1. & S., p.. Rock I., c RorJr I., n 8t U. S. F. 2d P 81 L. 8. F. 1st p bt. U a o, w.. c do., pfd. 8. Pacific 0.... do., pfd. Southern Ry.. c. do., pfd Texas & Pacific T., St. L. A W., o do., pfd. U. Pacific, e do., pfd U. 8. Rubber, o. do., pfd. ft Steel Co., c ao., pfd. . . . . . Waba'ah, com. . . do., pfd W. V. Telegraph. Wis. Central, e.. do., pf d.j . . . Wheeling Lake.. 1 Total sales." (H, f S ST g l : 87HI 88 87fcf 87 46 47 46 46H 108 108 107H107H 40 40 40 40 67 68 67 68 136, 188 136 134 98 99 98 1)8 109 109 108 108 62 62 61 62 27 94 96 84 94 9 99 98 98 103 106 103 105 -6i '62 '51 62 175 175 175 175 29 I 29 29 29 99 7 Si 7 ' 7 7 il47 148 146 147 169 45 46 46 46 40 40 39 40 ',3 43 43 43 43 60 61 60 61 19 19 19 19 76 76 76 76 174 174 172 173 30 80 80 80 72 32 33 82 83 37 87 37 87 46 47 46 46 138 139 138 139 144 144 143 143 114 116 114 116 189 ..... ...v. ..... 17 32 33 82 32 67 6H 66 6"H 35 36 35 35 78 78 72 72 69 60 69 60 86 86 86 85 ,112ill7 112 115 43 43 43 43 8U 81 1 80 81 1 84 I 69 70 By Hyman S. Cohin. Portland Union Stockyards, Nov. 7. During the past week packers were very discriminating in their purchases, and when they paid for quality, the quality must be right up to the handle. For Instance, while it Is quite likely that as high as $6.26 could be obtained for select Eastern Oregon-Washington hogs, none of this class of stock arrived, and, therefore, for the s-tock that, came Willamette valley stuff the price did not reach over $6. While as high as is. ze was recently recerven ror vauey hogs, killers would not pay that price during the past week. While the re ceipts were a trifle heavier than last week, this was not what kept the mar ket down. The killers have quite a large nomber of hogs on hand, and they have been using from this store of late, and have for that reason been rather Inde pendent of the market. While they still have hogs to draw from. It Will not be long before they must enter the mar ket and pay the price. Eaatern Prloe Affects Ours, The price of our hogs is now being governed almost altogether by the val ues in effect irt the East. With Eaitern and Western provisions in actrfre com petition In this and other paclflo coast markets, the price of live hogs for pack ing purposes on the Pacific coast must of necessity be governed by what Is transpiring In the East or Middle West. Oattle Bun Is mailer. There was a smaller run of cattle In the yards during the past week, and this helped the tone for a while. Several loads of select fed stuff from California sold at $4.?5, but nothing over 4 was obtainable for best steers outside of that. Packers claim to be well supplied with steers, and will be for a week or so. On this account they are not willing to pay high prices for the surplus. Low prices are holding back the reeetpts because interior cattlemen believe thy will be able to secure a higher price. With weather conditions Ideal for this time of the year, It is quite likely that grass-fed stuff will continue coming for several more weeks, and as long as (his class of cattle Is put on the market higher prices are not likely. Sheep Market Is Nominal. The run of sheep .was not liberal enough to notice during the past six days to cause much attention, to be turned that way. Buyers are showing but little inclination to purchase sheep. The larger killers are still slaughtering their contract stuff, and the arrivals are, therefore, fed out in small bands to the smaller operators. The past week's arrivals In the local yards compare with the same period in recent years as follows: Hoars. Cattle. Sheen. 1907 716 120 1,799 1908 683 617 44i 1905 1.116 281 2.172 A year ago for the past week all lines of livestock were weak at lower prices. Following is the general range of val ues on stock ruling in the yards for late shipments: Hogs Best east of mountains, $6.00 06.25; ordlnal-v, $5.75; blockers and China fats. $5 6.60; stockers and feed ers, $4.76fii5.00. Cattle Select east of mountains. steers, 14.00; medium steers. $.1.75; beat cows. $3.00; medium cows. $2.5092.75: taes. 32.50?8.O0; bulls. $1.75 tu 2 0V Sheen Best wethers, $3.50; ordinary wethers, $3.25; lambs, $3.90 4 00 ; straight ewes, $3.00; mixed lots. $2.50 2.75. Veals Choice young calves, $4.59; heavy and rough. $3.50 4.00. Yard SepreaentatiTe Bales. The following prices are representa tive of the largest transactions In the local yards and Indicate the extent of the demand for the various grades and weights, with the prices thereof: HOGS. Weight. 87 hogs 19.400 EUROPE CAUSES A WHEAT RISE mm si isfcsaa.aMsssasaaa.sssa' f Sharp Advance at Chicago Is Due to Unfavorable Grow ing Weather Abroad. 4 World's Wheat Prloea, 4 Deo. Portland f .9IA 4 Chicago 1.01HB New York 1.11 4 Winnipeg 99 4 Minneapolis 1.02 4 4 Duluth 1.02 4 San Francisco 1.65A Liverpool 7s 10d 4 Per cental. 0 ' "" Dec. May July CHICAGO WHEAT MARKET. Open. Close. Nov. 6. Gain. 101 101HB 100 A 1H ...104 106 A 108 1 ... 99 100 A 98 1 (United Pt4 LeA wlre.t . Chicago, Nov. 7. All foreign market! for wheat were higher at the opening here and the local trade acted under suggestions thereby covered. The fact of receipts at Minneapolis and Duluth numbering 631 cars had no immediate influence on prices. Strength displayed the first hour In the face of domestlo and argentine news of a bearish char acter indicated the tactics in the market of some influential party probably al ready oommltted to the bull side and determined to keep buying on a suffi ciently large scale to Impress the crowd favorably to their side of the argument Complaints from. Europe of unfavorable weather became the leading motive for buying that advanced the price of De cember to .$1.01H and May to $1.05. Closing . price were $1.01 and $1.08 respectively. While weather was still of a very fa vorable kind for marketing corn, the general report from receiver waa. that the country waa selling none. Receipts were still light. Recent bear pressure In the market for next month's delivery was retaxed. Hample market was firm at from yesterday's prices to half cent over. Bids for export from Chicago were within half cent of working basis. Pecember and May each closed. higher for the day. There was some indication In the Oats market of enlarging Interests and that had the effect of stimulating de mand and adding a little to the price. Sample market was firm at from yes terday's prices to half a cent higher. Hog receipts continued , to be very largely in excess of a year ago, but there were buyers of the moderate of ferings at better than the prices of the previous day. Hogs were 6 cents higher than yesterday. Cash sales Wheat No. t red $1.02 1.03: No. 8 red, 8-.00H 1.02H ; No. 8 hard. $1.02 1.03. Spring wheat No. 1 northern, $1.06 1.06; No. 3 northern, $1.0391.05: No. $ spring, 87c$1.04. Corn No. 2 yellow, 63c; No. 8. 62 2c; No. 3 yellow, 6263c; No. i. 61c. Oats No. 8. 46e; No. 8, white, 48 50Hc; No. 4, white, 4548e. 70 149 29 128 97 39 isin 27 87 21 48 31 20 49 113 24 68 28 70 151 !14I151 29 29 I 29 129 ,127 128 97 40 137 137 28 87 21 49 31 20 50 113 '24 Si 59 69 179 179 94 94 36 3 104 104 64 113 13 29 67 28 65 2 98 187 55 113 14 29 64 ' 9 66 'ii" 000 share. 10 hogs 1.600 89 hogs 19,150 6 hogs '! 92 hogs 19,245 80 hogs 19.450 96 feed hogs 17.790 21 feed hogs 3,785 90 Work hogs 15.150 87 hogs 21.750 83 hogs 18.190 168 hogs 86,600 90 hogs 15.150 93 hogs 74 hogs 12 hoss 87 hogs ....... 10 hogs . BULLS 46 cows 28 cows 33 cows 25 cows 22 cows SO cows BO cows 18 cows 18.440 16.460 1.735 19.400 1.500 AND COWS. 46.335 26,1 sr. 83.065 2S,n;,i 12.152 30.2S5 60.135 15.585 22 cows 20.865 1 bull 1.050 14 calves 6.230 STEERS. 16 feed steers 28 steers 25 steers 72 steers 25 steers 18 steers 11 steers 28 steers 52 steers 1 5 steers 23 steers 3 steers 75 steers 26 steers 1 steer 17.000 28.980 28.070 84,160 28.700 6,600 12.325 29.885 69,800 16.350 25.545 3,333 90,650 29.110 1.160 SHEEP. 96 sheep and lambs.. 9,615 Price. $6.00 5.25 6.00 6.25 6.00 6.00 6.00 5.00 6.60 6.00 6.95 6.00 6.60 6 00 6.00 5,00 .oo 6.25 2.90 2.S5 2.90 2.90 8.00 8.00 3.00 2.75 2.75 1.75 8.75 2.85 8 15 4 ?5 8.70 4.25 4-00 3.75 8.55 8.75 3.55 8.60 8.40 4.00 8.70 8.50 8.25 Range of Chicago prices by Overbeck & Cooke Co.: WHEAT. Open. High. ...100 101 ...104 105 ... 99 100 CORN. ...61 61 ... 61 62 ... 61 61 OATS. ... 48H 48 ... 60 60 ... 46 46 PORK. ... 147S 1483 . .. 1602 1615 . .. 1592 1607 LARD. ... 940 942 . .. 930 935 ... 937 942 RIB8. ... 850 852 ... 86S 862 Dec, May July Deo. May July Deo. May July Deo. Jan. May Nov. Jan. May furnished Low. Close. 100 101B 104 98 61 61 61 48 60 46 1470 1605 1690 940 930 937 106 10 A A Jan. May 84T 865 61B 62 B 61A 48 60 46 1480 1610 1602 942B S$A 84) 880B 860 LIGHT TRADE IN HOP MARKET DURING WEEK There was a small amount of busi ness in . the local hop market during the past week but nricea naM warn not up to the averages or the previous week. Now that the election is over and the trade has found Just how many districts were placed in the prohibition WHEAT PRICE AIDED GY DAMAGE REPORTS Ban Francisco, Nov. . 7. Following cable and tdegraphlo dispatches that the condition of winter wheat through out the middle west would be poorer on DecemDer rirst tnan 11 naa oeen for years, December wheat sold up 1 He and May wheat lc. In the local rit grain reatures were brick and the volume of trade unusually large. Both December and May barley options advanced a large fraction. De cember barley opened at $1.44 and closed at $1.45 as compared with the last closing at $1.44. May barley opened at $1.46 and closed Rt 1.47. as against the last closing at $1.46. . - Statement of N. Y. Banks New York, Nor. 7. Tha weekly state ment of the associated banks today hows the following changes; Heservts 041 all deposits, decrease, $3,309,150. Reserve on all deposits, other than United States deposits, decrease, $3.- 810,000. Loans, decrease, $10,223,600. ; t ' Legal tenders, decrease. $2,$37,f 00. Species, decrease, $4,045,600. Deposits, decrease, $14,496,40,0. Circulation, decrease, $849,400. Total loans, $1,323,142,100. The surplus of the banks Is $32. 611. 87S aa against a deficit of $51,924,424 of a year ago and a deficit Ot $1,614, J25 two years ago. , column the expectation" fe that there will be a resumption of demand. Dur ing the week practically all the busi ness reported waa in good quality; ordi nary stock not being wanted. Overbed & Cooke Co Commission1 Merchants, Slocks. BondsJCoUcn. Grata. El:. 7 J14-417 BOARD OP TRADE BUliblNQ ' Members Chicago Board of Trd, Correpondentt of Login & ryv : We bare the only private-wire connecting Portland with tb inKn . : - exchanges. . . MEMBERS PORTLAND BOARD OF THAI K.